City of Surrey's 2021 - 2025 Financial Plan

FINANCIAL SUMMARY—EXPENDITURE

(in thousands)

2019

2020

2020

2021

2022

2023

2024

2025

EXPENDITURE SUMMARY General Government Mayor, Council & Grants

ACTUAL ACTUAL BUDGET BUDGET PLAN PLAN PLAN PLAN

$

3,119 1,122

$

2,582 1,114

$

3,599 1,420

$

3,605 1,550

$

3,611 1,553

$

3,617 1,556

$

3,623 1,559

$

3,629 1,562

City Manager's Department

Corporate Services

31,539

32,544 10,639

31,551 13,662

33,593 14,330

34,568 14,483

33,743 14,636

33,818 14,789

33,893 14,942

Finance

8,557 1,522

Investments & Intergov. Relations

1,269

1,608

1,651

1,653

1,655

1,657

1,659

45,859

48,148

51,840

54,729

55,868

55,207

55,446

55,685

Public Safety Bylaws

10,832 66,050 165,336 242,218

11,037 65,509 165,753 242,299

8,727

8,694

8,824

8,954

9,084

9,214

Fire

66,134 175,091 249,952

66,866 189,991 265,551

67,719 195,276 271,819

67,864 199,473 276,291 10,012 110,163 32,615 21,133 175,459 506,957 1,536

68,009 205,799 282,892 10,316 116,371 32,675 21,193 182,091 520,429 1,536

68,154 210,130 287,498 10,629 117,050 32,740 21,252 183,207 526,390 1,536

Police

Other Engineering Services

8,354

8,961

8,615

9,936

9,716

Parks, Recreation & Culture Planning & Development

103,042 30,366 18,881 37,546 198,189 486,266

75,075 30,335 15,286 (1,752) 127,905 418,352

105,556 32,055 20,262 167,814 469,606 1,326

108,538 32,510 21,015 173,535 493,815 1,536

109,602 32,560 21,074 174,488 502,175 1,536

Surrey Public Library Corporate Operating

Departmental Expenditures

Council Initiative Fund

170

11

260

260

260

260

260

260

Fiscal Charges

(668)

(226)

153 102

153 102

157 103

162 104

167 105

172 106

15

Interest Paid on Tax Overpayments

758

External Borrowing

8,098 8,188

8,098 7,887

8,098 8,353

6,998 7,253

9,221 9,481

9,341 9,607

8,046 8,318

8,046 8,324

Fiscal Services & Debt Interest

Municipal Debt Principal

4,682

4,682

4,692

4,682

9,151

10,195

10,313

10,313

TOTAL EXPENDITURE

499,306 $

430,932 $

482,911 $

506,010 $

521,067 $

527,019 $

539,320 $

545,287 $

TRANSFERS SUMMARY General Capital Contribution

12,400

12,400 25,200

13,443 25,200

35,748 23,084

28,221

26,601

25,416

21,512

SPS Capital/One-Time Contribution SCDC Dividends Contribution Provincial Casino Revenue Sharing Tree Replacement Contribution SPS Transfers To/(From) Capital Other Transfers To/(From) Capital Transfers To/(From) Capital Sources Internal Borrowing

-

5,400

5,000

5,000

- -

4,500 4,074 2,640 3,922

4,500

4,500 4,200 2,750 3,385

- -

-

-

-

708

2,121 2,250

3,197 2,000

4,284 1,750

4,305 1,500

2,500 1,049 2,275

2,998

11,985

19,721

23,496

26,542

16,398

-

-

-

2,275 9,466

3,519

2,893

4,428

9,938

8,206

10,353 63,831

10,351 75,007

10,439 74,252

10,439 76,324

10,439 58,582

37,474

65,997

69,454

Roads & Traffic Safety Contribution

16,593

12,923

12,922

12,922

12,922

12,922

12,922

12,922

Carbon Emission Offsets

650

753

650

650

650

650

650

650

Other Transfers To/(From) Operating Transfers To/(From) Operating Sources

(11,422)

36,718 50,394

(19,775) (6,203)

(18,574) (5,002)

(3,767)

5,603

12,956 26,528

45,420 58,992

5,821

9,805

19,175

57,628 $

70,005 $

79,259 $

93,427 $

102,852 $

117,574 $

TOTAL TRANSFERS

43,295 $

116,391 $

City of Surrey | 2021—2025 Financial Plan | General Operating

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